Springfield daily republic. [volume] (Springfield, O. [Ohio]) 1887-1888, 1887-06-29
RICH BALTIMOREANS.
some SUCCESSFUL MEN OF THE
CITY OF MONUMENTS
How Fortunes Have Been Made by the
Nauipulators of the Oldest American
Penny Paper.


Especial Correspondencel
prrn,,pr Ro,t;mora has vary
f.v rbenoman,liy rich men bu, there
ar, s.svs,,,I 5ozar bar. who can contam-
rla,a ,hs,r millions and prosu.ctiye rainy
toxs with aoua, satisfaction The wealth
l. mo. tho, of sneculativa r,sults 50
,,,,cb .s ,f borj v,,l, careful Investments
81 s,a.1,. s,,r,, u,,.h ,f II ,vas mazda in
,bo d.,-. Whom We had a merchant marine
and when the Raltimorr clippers. famous as
more c,nls +, all nar,s of the world. South
arm railroads too. gave great deal
of ,nnpey =, RaI,imor. rapitalists
Several of the fortunes came from
the Baltimore and Ohio road. At
one time its stock sold as low as one-third Of
its face value Gradually it crept u twice
its mar value, and the effect, of course, was
70 make those who had placed their conf
1enr,. and their money i'm il rich men One
Of these was Johns Hopkins, who died sew
eral wears ago and who left several million
dollars. the greatest lancfaction on record III
this country, to found "A university and the
biggest hoSnital in the world The wealth
of the CARROTS came largely from this same
sn.rcs. President Robert Garrett of the
Baltimore and Ohio road is worth from SIS.
Geo el0 to S3O.n1.aDo. His brother, 7. Hs /.
ri,on Garrett. is worth about SlO. .Oc0. 600. and
his sister, Miss Mary Garrett. with the same
amount. is the richest single lady in the
limited States All three are generous givers
tn charity. and all have magnificent homes
Their residences are on Mount Vernon place,
a heau,iful SQUARE, on which every resident
* either millionaire or an aristocrat, or
both. and which contains the celebrated
Bsrye statues and fountains and the first
monument ever erected TO the memory Of
George Washington
On Mulberry street. near Cathedral, is .
,srra and beautifully finished Romanes1us
building Of white marble It is exquisitely
finished and thoroughly admirable in every
way. This Is the Enoch Pratt free library.
and it does more real good 10 Baltimore, In a
literary wav, than all the other libraries
combined. There is a constant stream Of
people flowing in and out of its ponderous
oaken doors, and its large reading room is al
ways occupied With men, women and chill
dren, examining and devouring the latest
books and magazines. Enoch Pratt is Mas
sachusatts man He was born in North
marlborough on the 10Th of September,
1865. He went 10 Boston after getting a good
acadelnT education, and was a clerk in a
store. until he reached his 21st wear. He came
to Baltimore shortly afterward and estaL
lished himself as a commission merchant
afterward he founded a wholesale iron house,
a.J when the war came on he realized largely
on government contracts To remarkable
sbrewdness he added the ability to save every
possjbIe cent. and the result was that he he
came one of the rich men Of the city, and
there is no ore Whose business sense obtains
wider resr.ct than his A proof of this is
seer in thu. fact that, although Republican,
in an overwhelmingly Democratic city, he
has been twice selected as one of the three
members Of the finance commission Of Balti-
more. In appearance Mr Pratt looks like
an ov.rworked bookkeeper of an establish.
ment that dos not pay large salaries. He is
understood and stoop- Shoul,lered, and the
only feature that keeps him from looking
is a pair of remarkably bright
eyes, He has given various sums OF money
To- New England towns. In lSSa he deter
uinel to surprise the peuple of Baltimore
He did il with lis customary shrewdneSs.
Instead of waiting for death and the things
nat come after, Including will contests and
lawysrs' fees. he decided TO carry out his own
plaps. and the result has proved his wisdom.
He gave the CITY, in cash and buildings, the
sum OF 8. .lI5. .Ssl 81 for a public library The
ciry guarantees in return an annuity of
a50. .OOe. which not only supports the library
and its branches. but gives a liberal allow
ance for the purchase Of books. Mr.. Pratt
superintended the building of the institution.
and II is now the second best public library in
this country. An interesting feature is that
while the books are free 10 everybody in the
city. not a volume has been stolen or lost
On the Eth inst The Baltimore Sun. the
richest newspaper Of the south, will celebrate
its fiftieth anniversary. The man who found
ed il will be present 10 give Interest to and
derive endowment fror, the event. His name
Is Arundale s. Abel, and he is the 7yealthiest
newspaper proprietor in this country. No
one but himself, who, by the way. is his
only confidant-knows exactly bow much he
is worth, but the amount is variously eS,i-
mated from sf0.0o0.0op 10 S20,000,0O0 He
came into this world Il years ago in East
Providence. r. l., and after getting COM
mon school education went to Boston. where
he stuck type on one or two of the papers
until he looked around for hetter things. He
csne southwark. In New York he met Will
lam n. Swain and A. H. Simmons, and with
them be went over to Phiadelphia and started
The Public Ledger. 1t was a penny paper.
and at first il had hard road to travel. but
finally it began 10 catch on, and after that its
progress was steady. Mr.. Abel then looked
upon Baltimore as a first class field All the
papers here We're six pennies In 1887 he
came over, and on the 18th of Nav he got ont
the first copy of The Sun. 1t was penuv
paper and almost a counterpart of The
Ledger. II was a success. and for fifty wears
il has been a gold mine to the man who
founded it. In 1854 The Philadelptia Ledger
was sold to Messrs. Childs and Drexel and
since then Mr.. Abeli's interests have all teen
in Baltimore. The building that The Sun
still occupies was the first iron building ever
erected in this country, and The Sun was the
first paper 10 use the magnetic telegraph for
the Transmission Of news. Mr. Abell has ex-
tensive investments in real estate. He has
Ihree sons and five daughters. all living, and
all married except one. An interesting fact
S that Mr. Abel came from PHILADELPHIA to
Baltimore and became a millionaire, while